GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Toromont Industries Ltd (OTCPK:TMTNF) » Definitions » Enterprise Value

Toromont Industries (Toromont Industries) Enterprise Value : $7,443 Mil (As of Apr. 30, 2024)


View and export this data going back to . Start your Free Trial

What is Toromont Industries Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Toromont Industries's Enterprise Value is $7,443 Mil. Toromont Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $557 Mil. Therefore, Toromont Industries's EV-to-EBIT ratio for today is 13.36.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Toromont Industries's Enterprise Value is $7,443 Mil. Toromont Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $693 Mil. Therefore, Toromont Industries's EV-to-EBITDA ratio for today is 10.75.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Toromont Industries's Enterprise Value is $7,443 Mil. Toromont Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,442 Mil. Therefore, Toromont Industries's EV-to-Revenue ratio for today is 2.16.


Toromont Industries Enterprise Value Historical Data

The historical data trend for Toromont Industries's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Toromont Industries Enterprise Value Chart

Toromont Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,668.37 5,849.36 7,250.32 5,685.90 6,815.69

Toromont Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,685.90 6,582.63 6,451.56 6,582.63 6,815.69

Competitive Comparison of Toromont Industries's Enterprise Value

For the Industrial Distribution subindustry, Toromont Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Toromont Industries's Enterprise Value Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Toromont Industries's Enterprise Value falls into.



Toromont Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Toromont Industries's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Toromont Industries's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Toromont Industries  (OTCPK:TMTNF) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Toromont Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7443.300/557.151
=13.36

Toromont Industries's current Enterprise Value is $7,443 Mil.
Toromont Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $557 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Toromont Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=7443.300/692.691
=10.75

Toromont Industries's current Enterprise Value is $7,443 Mil.
Toromont Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $693 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Toromont Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=7443.300/3442.168
=2.16

Toromont Industries's current Enterprise Value is $7,443 Mil.
Toromont Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,442 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Toromont Industries Enterprise Value Related Terms

Thank you for viewing the detailed overview of Toromont Industries's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Toromont Industries (Toromont Industries) Business Description

Traded in Other Exchanges
Address
3131 Highway 7 West, P.O. Box 5511, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America.

Toromont Industries (Toromont Industries) Headlines

From GuruFocus

Toromont to Hold Virtual Annual Meeting of Shareholders on May 1, 2020

By GlobeNewswire GlobeNewswire 03-24-2020

Toromont Announces 2018 Results and Quarterly Dividend

By GlobeNewswire GlobeNewswire 02-14-2019

Toromont to Announce Third Quarter 2018 Results on November 5

By GlobeNewswire GlobeNewswire 10-22-2018

Toromont Announces 2019 Results and Quarterly Dividend

By GlobeNewswire GlobeNewswire 02-11-2020

Mawer Investment Management 3rd Quarter Newsletter

By Holly LaFon Holly LaFon 11-02-2018

Toromont: The Advantages of Boring and Predictable

By Praveen Chawla 01-05-2023